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Home > Money > Stocks > Technicals > Daily technicals
January 23, 2001 		Feedback  
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Trading strategy for January 24, 2001

BSE Sensex: The index still has a minor resistance at 4332 points. It has an immediate support lies at 4220 points. Long positions should be taken with due precautions.

DSQ Software: The stock has good support at Rs 412. The short-term outlook is likely to deteriorate below this level. On the upper side the stock is likely to accelerate above Rs 440.

Wipro: The stock has an immediate support at Rs 2790 points. It has an immediate hurdle at Rs 2900. Short-term outlook could improve above this level.

ITC: The stock has an immediate hurdle at Rs 925, above which the outlook in the stock could improve. Long positions can be taken above this level with a stop loss of Rs 905.

Tata Tea: The stock has crossed its first resistance of Rs 284 and has closed on a strong note. It has an immediate support at Rs 278. The next hurdle is at Rs 325.

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Daily technicals

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